New Delhi: Trident Group has announced setting up an integrated textile complex and expanding its yarn facilities at Budni, Madhya Pradesh. This will entail an investment of Rs 3,600 crore.
Mr Rajinder Gupta, Chairman, Trident Group, said, “The new facilities will be engaged in the manufacturing of terry towels, sheeting, value-added yarns and captive power plant. This expansion is expected to be completed by third quarter of 2013.” It will be one of the largest integrated home textile manufacturing facilities in the world.
Trident Group will also inaugurate its yarn projects at Budni comprising of 1.25 lakh spindles. The expansion project of the yarn spinning facilities is being implemented with an investment of Rs 1,200 crore. Subsequent to the commissioning of this yarn spinning unit, the total yarn spinning capacity has increased to 3.66 lakh spindles and 3,584 rotors.
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